GOODFUNDSADVISOR
has been in Equities for more than 27 years now.
That rich experience is shown here in his insightful articles.
However, we strongly suggest you to consult a Financial adviser.
This blog is purely for information purposes only and we do not take any responsibility whatsoever as the blog content may be changed from time to time and is generic in nature.

Tuesday, October 20, 2015

Focus on Boosting your Income not just cutting expenses

Common man will remain common but also discontented only because he keeps on
cribbing about rising prices.⬆
Last month it was Onion which ruled his mind.
Since then it has come down ⬇ from 100 to 30.
Likewise he used to pay in the high 70s for the petrol which has come down
to below 65 levels.
And now it is the Tur Dal which is ruling his mind.
Next month, it will be the Diwali Crackers!!!!

Its in his veins to always keep finding fault and keep finding issues to
crib about.

Focus on Increasing Income too not just cutting your Expenses

I always keep telling my investors that
"there is a limit to how much you can save on expenses....
But there is NO LIMIT to how much you can EARN!

Yes, one has that feeling that Expenses is in OUR HANDS but income depends
on variety of factors. Is it really? Yes, if you are salaried person,
definitely income is the hands of your employer. But, still, you can do
something extra to earn more isn’t it (like Working overtime, teaching,
writing, you can put your whatever additional skill to earn that little extra
which can take your income to higher pedestal...............who
knows.........this could well become your MAIN income too).

Yes, Increasing Income takes time.......but once you are on the path, mark
my words, you will be closer to your goal than you would have ever imagined. If you triple your income 3 days in a row but
keep your expenses the same, you can shorten the accumulation period to just
1 year because you'll earn 27 times your current income!Just tripling your income for 3 days in a row
means you are earning 27 times your currne tincome And, the BIGGEST way to increase your income is
to Stop putting that hard earned savings into Traditional instruments and look
at Diversified Equity Funds. What better way to earn Higher Income??!!!

Concentrate your energies and focus your expertise on Earnings.
That does not mean, be a spendthrift. Controlling expenses is the 1st
step to getting your finances right. If you don’t know how to control your
expense, you won’t be able to save.
Please note that I have used the word “Control” not “Cutting”.
EARN EARN EARN.
Then, only then, you will become a Contented Man even while being a Common
Man"!

Learn to EarnEarn to Learn. Keep on adding skills to your Portfolio. Then you will keep on earning.

"Be an eagle who soars above the clouds so the rain clouds don't deter him."

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I am a Personal CFO who helps my investors plan for their LONGEST VACATION in their life......Their RETIREMENT!! All this with investments in Equities via Mutual Fund and this Blog is a small attempt to guide you too

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